#1electreon charging the way forward Investor Presentation Summary of 2022 April, 2023#2Disclaimer The following applies to the presentation with respect to Electreon Wireless LTD and its subsidiaries and affiliates (collectively, the "Company"). In accessing the presentation, you agree to be bound by the following terms and conditions. The presentation does not constitute or form part of, and should not be construed as an offer or the solicitation of an offer to subscribe for or purchase the securities of the Company, and nothing contained therein shall form the basis of or be relied on in connection with any contract or commitment whatsoever, nor does it constitute a recommendation regarding the securities. The information included in this presentation is a summary only and does not exhaust all of the information regarding the Company and its business, nor is it a substitute for inspection of the Periodic Report for 2020, the Company's current reports and the presentations released thereby, as reported to the ISA via the Magna distribution site (the "Public Information"). The information contained in this presentation is incomplete, is subject to and does not replace the Public Information. This presentation shall not be relied upon and shall not be construed as any representation or obligation, including with regard to the completeness or accuracy of the information included therein. The presentation may include information presented differently as to the way it has been presented in the Public Information, viz., this presentation may include data presented and/or characterized and/or edited and/or segmented differently from the way it is included in the Public Information. The presentation presents a set of data (including data that is presented in the presentation and has not yet been included in the Company's reports or have not yet been presented in the manner presented in the presentation, and which are correct to the best of the Company's knowledge as of the date on which the data is presented). This presentation includes data and information based on the Company's subjective assessments, estimates and expectations and therefore this data and information should be treated accordingly. This presentation includes forecasts, estimates, assessments and other information pertaining to future events and/or matters, whose materialization is uncertain and is beyond the Company's control, and which constitute forward-looking information, as defined in the Securities Law, 5728-1968. Such information may not materialize, in whole or in part, or may materialize in a manner significantly different from such forecast. Forward-looking information is based solely on the Company's subjective assessment, based on facts and data regarding the current condition of the Company's business and macroeconomic facts and figures, all as known to the Company at the time of preparation of this presentation. The materialization or non-materialization of the forward-looking information will be affected, inter alia, by risk factors characteristic of the Company's activity, as well as by developments in the general environment, in market conditions and in external factors affecting the Company's activity, including technological changes, changes in binding regulation, changes in standards, lack of funding sources, changes in competition, decrease of demand for the Company's products and their prices, failure to obtain required approvals, and other such events which cannot be estimated in advance and which are beyond the Company's control. The Company does not undertake to update and/or change any such forecast and/or assessment to reflect events and/or circumstances postdating this presentation. This presentation includes information that is based on external sources and studies, which have not been independently reviewed by the Company. This information shall consist as general and non-binding information. The Company's management relies on external publications as part of the Company's day-to-day management and / or setting its goals and strategy. All numbers and figures in this presentation are approximate. Anyone reading the presentation must read it in conjunction with the annual report of the Company for 2022, which was published on March 29, 2023 (reference number: 2023-01- 030622) and the current reports and the presentations released thereby, as reported to the ISA via the Magna distribution site. electreon#3Electreon - world leading pioneer of wireless charging eo 12 Projects across the globe 4 Subsidiaries in the USA, Germany, Sweden and France Michigan Utah-24 electreon eo + ** eo es Sweden Germany - 4 Italy France Israel - 3 Best Inventions (2021 2021 TIME 12 One of the Best Inventions of the Year 16 Patents Global Projects 2013 Company Founded 14 Automotive Partners $16M In Accumulated Orders#4Experienced Leadership Team Oren Ezer CEO, Co-Founder 25+ years experience in R&D management. Former R&D Manager at ELOP an Elbit subsidiary. Managed multidisciplinary projects for international clients. Hanan Rumbak Chief Scientist, Co-Founder 40+ years experience in electrical & physics R&D. Former ELOP Electrical Scientist. Internationally- renowned expert in high- power wireless charging. Amir Kaplan CTO 25 years R&D experience. Former Program Manager at ELOP. Barak Duani CFO 15+ years experience as key financial leader, & CFO for international, publicly-traded companies. Former Supervisor at PwC. Hila Amiel General Counsel 10 years experience at several Israel's leading legal firms, energy company, Prime Energy. Specializes in litigation, infrastructure, commercial & energy law. Meir Hen CSO, Israel 40+ years Policy Strategy experience. Former GM at Israel's Transport Ministry, Former Chairman at Ayalon Highways. Established Israel's Public Transport Authority, Netivei Israel, (in 2003). Sarit Goldstein VP HR 10+ years HR experience. Former Global HR Manager at Plarium. Dr. Håkan Sundelin Nordic Regional Director 15+ years ERS R&D experience (Electric Road Systems). Former Senior EV & EV charging Researcher at Scania. Dr. Andreas Wendt Regional Director, Israel 10+ years R&D experience in wireless charging. Internationally- renowned expert in wireless EV charging. Former Senior Project Manager at TOYOTA. Corey Johnson US Director of Strategy 15+ years Strategy & Policy experience. Former Member (2014-21) Former Speaker (2018-21) of the NY City Council. Led sustainable transport initiatives. electreon#5Challenges in the EV Transition 008 FD 局 ՄՌ • The Battery Problem High-price (half the cost of an EV) Considerable sustainability, ethical & recycling issues Recent surge in lithium price (+182.6% YoY, Dec, 2022)* Charging Infrastructure High-cost chargers High OPEX from heavy wear and tear on chargers Visual impacts, require additional real estate & represents a physical hazard Limited scales of economy (one-charger to vehicle ratio is not sustainable) 4 Power Supply & Electric Grid Connections electreon • High costs Complexity of grid connection for efleets Long wait times for grid upgrades Electric Fleet Operation Long charging & charger-waiting times Personnel costs for charging operations *Source - in the references Electreon's technology solves these challenges ՏՈ#6Electreon's Wireless Charging System 1 Above-ground Management Unit (AMU) transfers energy from the grid to the charging infrastructure 2 Underground Management Unit 1 Wireless Charging (UMU). Same functionality as AMU without any visual impact 3 In-road copper coils transfer power to the vehicles' receivers electreon 3 electreon JAP 01E 4 Vehicles receiver installed on the EV to transfer energy directly to the engine 5 Management Software monitors & manages optimal EV charging in real time electreon 5 Real-time Management System 4 SMART ROAD GOTLAND ELECTROON TRAFERET Matters Group NCC 048 BTECH.C 2 ***** #000=#7Static Charging to Charge any Combination of Vehicles Provides up to 360 kW in Power 4 buses 3 articulated buses → Enables unlimited, continuous charging Q00 **** 0000 6 vans es 12 passengers vehicles 88% *** *** es QQ 回回 QQ electreon ++ ep 回回 回 Q CD 回 es ค Q 回 回 quantum TESTING CAR#8electreon Dynamic Charging as you drive Up to 500 kW per 100 meters A shared charging platform for all EVs Enables unlimited range* Wireless ERS* New Era for Unlimited, Decarbonized Mobility *Electric Road System electreon electreon 48#9The Electreon Business Model Customer-centric model with a sale or financing options: e.g., pay per use/monthly consumption model We offer a tailored software platform for fleet customers, based on our unique CaaS technology es Direct System Sales Sale of wireless charging system Annual fee subscription model for O&M Monthly subscription Charging infrastructure deployed in strategic locations Fixed monthly fee for use No CAPEX for end-users Ө 000 • Software revenue Real-time fleet charging management • Energy management • Power load management electreon#10A Growing Global Need for Wireless Charging - Growing understanding of EV transition challenges - International regulations to reduce CO2 emissions - Daytime charging increases renewable energy utilization - Reduce TCO* Technology proven to be the most sustainable EV charging platform - Extend efleet operational uptime Minimize vehicle idle time Extend EV range/operational hours *TCO-Total Cost of Ownership for fleet operator Minimize EV battery size, weight, environmental impacts & costs Electreon provides wireless charging anywhere, anytime#11Market Opportunity $50+ Billion The EV market is growing exponentially Expected Global Number of EVs by 2030 130M TAXI Delivery fleets Taxi fleets Bus fleets 23M $11B $30B $9B 8.4M e-vehicles 13.5M e-taxis 3.2M 2022 2030 e-buses *The evaluation of the market potential is based on the macro review in Chapter A of the annual report electreon#12Why Electreon - The Unique Advantages W MAXUS STELLANTIS TOYOTA КИ Ford IVECO Ө BYD es EFORCE GINAF KENWORTH electron SMART SMAR ROAD GOTLAND SETIMON No Visual Impacts No wires, cables or personnel requirements lowers operational costs. The only solution for impairment Distributes Energy Demand Over Time & Space Flattens peak energy demand & lowers operational costs Shared Charging Platform Any EV can charge simultaneously from the same system Maximal Efficiency Simple Integration B S Metering & Billing Suitable for all and every EV, including AVS (autonomous vehicles) Maximum possible CO2 emissions, battery and cost reductions electreon#13ERS - A Newly Evolving Market Worth $20+ Billion Location Italy Policy & Status Tender Win Details USA Germany + Sweden France Selected by Aleatica (transport infrastructure operator) 12+ State DOTS included ERS in their electrification plans Won Michigan DOT's tender; signed a 5- year agreement to promote ERS Plans to construct 4,000 km by 2030 Won German government tender Plans to construct 2,000 km by 2030 Won the Swedish Ministry of Transport's pre-qualification (for tender) Plans to construct 4,000 km by 2030 Signed collaboration agreement with Vinci to promote projects in France $8B Financial Potential $8B $8B Electreon has won every tender ever applied for so far electreon *ERS (electric road system)#1442 km Electric Road Tender, Sweden In tender process Application: 42 km (~26 miles) wireless Electric Road highways for heavy-duty vehicles Operation Start Date: Selection to be announced by July 2023 Client: The Swedish Transport Administration (Trafikverket) Another tender is expected to be published for the operation and maintenance of the road for 15 years. *For more information on the tender in Sweden, see section 8.4 of the annual report#15(New) Wireless Electric Roads in the US - Current Status Electreon Project Unique ERS technology supplier in Utah with Utah Inland Port Authority and the ASPIRE Research Institute. Demonstration of a wireless Electric Road at ASPIRE, University of Utah Electreon Project Wireless charging road 1.6 km long. Partnership with the State of Michigan.. In Advanced Conversations Buffalo MICHIGAN NEW YORK RFP Wireless charging for NYC PENNSYLVANIA RFI NEW JERSEY RFI San Diego application for dynamic wireless road SAN DIEGO 8 UTAH TEXAS Electreon Project In advanced conversation RFI Request for info. - RFP - request for Proposal RFL Texas application for dynamic wireless road Advanced Calls Florida toll road operator FLORIDA Port Authority of New York New Jersey ERS RFI from the US Federal Government In Advanced Conversations Plans for a toll road in Pennsylvania electreon#16Wireless Electric Roads in - Current Status RFI in Norway The Norway Public Transport Authority submitted an RFI for wireless charging. Electrification Plans UK The UK has a budget of £500 million to make the shift to emobility. Electric Road Pilot France France has a total budget of €200 million for ERS. Electreon has applied; results will be announced Q2, 2023. 00 Electreon Project Project in Process Request for Information UNITED KINGDOM FRANCE SWEDEN NORWAY GERMANY ITALY FINLAND Electreon's Project Italy The "Arena of the Future" project. Currently working on a project at the airport of Bergamo and the city of Genoa, Italy. Electrification Plans Finland €25+ million allocated for the electrification of vehicles in Finland. Electreon has a partnership with DESTIA to promote Electric Roads Tender for 42 km (26 miles) The first step in the Swedish National Plan to electrify thousands of kilometers of highways. 4 Projects in Germany Two newly won projects include: 1 km on the German autobahn. 1 km in Baden-Württemberg for a public bus line. electreon#17Key Industry Partners es VINCI Jacobs EnBW ALEATICA Smart & Sustainable Infrastructure The largest infrastructure company in Europe Collaborates with Electreon throughout Europe; in Germany France, Sweden, Belgium and the UK for joint ERS projects • Traded as DG on Euronext Paris . •On the CAC 40 index •€49.4B revenue in 2021 • Number of employees in 2021, 219,299 One of the largest Engineering companies in the US A key strategic partner in the US market. Key clients include: NY Port Authority, NY Transportation Authority, USPS, 28 cities and more. • Traded as Jon NYSE and S&P 500 ⚫$14.09B revenue in 2021 • Number of employees in 2021, 55,000 Leading energy provider in Germany Involved in German road | electrification programs. Also a strategic customer • Traded as EBK on FWB the German stock market ● €32.1B revenue in 2021 • Number of employees 26,064 Leading toll road operator Altica operates roads in 7 countries; including Italy and the UK • Traded on the Mexico Stock Exchange under the symbol S.A.B. de C.V. €810 million in net sales in 2021 electreon#18Most Important Strategic MOU To-date Signed DENSO TOYOTA • Co-development of an aftermarket wireless kit for current EVs to utilize wireless charging technology today electreon Integration of the wireless technology into new cars released to the market Collaboration to shape the standardization of wireless EV charging Agreement on intent to jointly promote a pilot project in Japan, the U.S. or the EU, including commercial proof of business. electreon electreon#19Our Latest Strategic Industry Partners DENSO es TOYOTA A Global Manufacturer of Tier 1 Auto Parts One of the largest automotive part suppliers in the world. Toyota owns approximately 49% of the company. Traded with the symbol 6902 on the Japanese stock exchange $49 billion in revenues in 2022 Number of employees as of 2022, 167,950 The World's Leading Car Manufacturing Company Produces about 10 million vehicles a year, of which 20 are EVs. TOYOTA announced that it will invest $5.6 billion in EV production from 2023 Traded on several exchanges, TM on the NYSE $267 billion in revenues in 2022 Number of employees as of March 2023, 366,283 electreon#20Completed Projects $15M (revenue & receipts) Germany, BaSt VINCI -EnBW ביבו DAN Israel, Tel Aviv ר אורני איילון Powered by wireless dynamic charging ELECTROON I 1 €1) HIGER TRAFIKVERKET SWEDISH TRANSPORT ADMINISTRATION Sweden, Smart Road Gotland 1 1 Germany, Karlsruhe Italy, Arena of the future CAST BEM FAHREN EnBW EUROVIA Sna IVECO STELLANTIS electreon#21Company Projects 2023-2024 EUROVIA Germany, Balingen 47 Germany, the Autobahn A Die EnBW Autobahn VINCI ம் 1 T 1 1 VINCI 1 1 -EnBW ELECTRA AFIKIM משרד התחבורה והבטיחות בדרכים לעיריית ראש העין Israel, Electra-Afikim project Loot beim Fahren MDOT USA, Michigan Ford DOO Jacobs משרד התחבורה והבטיחות בדרכים HIGER אביבAvw TEL YAFO15 Israel, Dan project electreon#22$6.5M $22.5M Revenue Target 2024-2023 Current Income Planned $11M $11M $30M Revenue target $11M $17.7M. $30M Revenue target $6.2M $11M Initiated projects Engagements in negotiation/tender stages Existing engagements The aforementioned regarding the revenue targets, includes, among other things, forward-looking information, as defined in the Securities Law, based on the estimates of the company's management, which were made on the basis of the information and data that the company's management had at the time of the report. Such information includes, among other things, goals, forecasts, goals, assessments and/or estimates relating to future events and/or matters, the realization of which is uncertain and which are affected, among other things, by factors beyond the company's control and which it is unable to assess in advance or upon the realization of any of the risk factors described in section 31 for the annual report electreon#23Company Shift to Commercialization & Revenue- Generating Activities Equipment for projects Revenue for the first time in 2022 $2.5 million Winning tenders in the US and Europe, and expanding current activities Meeting all Research and Development goals electreon Wireless Charging SMART ROAD GOTLAND KOWENED IT ELECTROON TRAFIKVERNET Gotland Matters Group NCC GINAF XF#24References Challenges in EV transition slide Lithium prices continue to rise - LPI explains why, Innovation News Network Market opportunity slide IEA EV Outlook 2021 Bloomberg New Energy Finance EV Outlook 2021 Transport & Environment - Comparison of hydrogen and battery electric trucks, June 2020 Fiat Announces Specs And Prices Of E-Ducato Energy consumption of electric vehicles, electric vehicle database Global EV Data Explorer Sources for slide "ERS a potential market of over $11B" Sweden - NCC, The future is electric with charging infrastructure and electrified roads France - Electric road system Working group nº1 Decarbonizing road freight transport through ERS issues and strategy Rise institute research on Interaction Effects between Battery Electric Trucks, Electric Road Systems and Static Charging Infrastructure electreon